Michael Saunders

Member of the Monetary Policy Committee

Biography

Term of appointment: 9 August 2016 - 9 August 2019

Michael was UK economist at Citigroup from 1990 to 2016. From 2008 to 2016, he was also Head of European Economics and managed the Citigroup economics teams in Japan and Australia. Michael originally joined Salomon Brothers, which became part of Citi by merger, as Vice President in 1990. He was promoted to Director and, from 1996, Managing Director. Michael has also been an occasional expert witness on the UK economy for Parliament’s Treasury Select Committee.

From 1988 to 1990, Michael was an economist at Greenwell Montagu (now part of HSBC). He worked as part of a team covering the UK economy.

From 1986 to 1988, he was a research analyst at the Institute for Fiscal Studies, working on the taxation of savings and assets, corporate taxes and oil taxes.

Michael studied Econometrics at London School of Economics, graduating in 1986.